Increased Funding Through $39 Million Downpayment Plus® Grant Programs Provide Affordability Opportunities for More Illinois and Wisconsin Home Buyers [Yahoo! Finance]
First Busey Corporation (BUSE)
Last first busey corporation earnings: 4/28 05:00 pm
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Source: Yahoo! Finance
CHICAGO, March 26, 2024 BUSINESS WIRE )--To further support housing affordability, the Federal Home Loan Bank of Chicago (FHLBank Chicago) is increasing the maximum per member limit available for its Downpayment Plus ® (DPP ® ) and Downpayment Plus Advantage ® (DPP Advantage ® ) grant programs to $1 million per member. FHLBank Chicago's 2024 DPP programs budget is more than $39 million and the new per member limit represents a nearly 43% increase over the 2023 limit of $700,000. Member banks, credit unions and community development financial institutions use the DPP programs to provide year-round down payment grant assistance to qualified home buyers in Illinois and Wisconsin. The 2024 member limit increase is the latest in a series of program enhancements to provide more resources to home buyers through member financial institutions. After increasing the DPP grant amount last year to $10,000, continuing to offer the program year-round, and growing the Bank's participating members
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News
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BUSE
Earnings
- 4/23/24 - Miss
BUSE
Sec Filings
- 4/23/24 - Form 8-K
- 4/17/24 - Form 4
- 4/12/24 - Form ARS
- BUSE's page on the SEC website